Temeka Thompson - DC Metro Realtor, Coach, Public Speaker
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Temeka Thompson - DC Metro Realtor, Coach, Public Speaker
Temeka
Blog
Real Estate
    Sell my home
    Buy a home
    Veterans
Work with Temeka
    Business Coaching
    Career Coaching
    Buy Real Estate with Temeka
    Become an Agent
Booking
Marriage Takeover
Women of Worth
Free Resources
  • Temeka
  • Blog
  • Real Estate
    • Sell my home
    • Buy a home
    • Veterans
  • Work with Temeka
    • Business Coaching
    • Career Coaching
    • Buy Real Estate with Temeka
    • Become an Agent
  • Booking
  • Marriage Takeover
  • Women of Worth
  • Free Resources
Buy a Home, Real Estate

First-time Homeowners are in the Driver’s Seat

March 1, 2020by Temeka ThompsonNo Comments

First-time Homeowners Are in the Driver’s Seat

Entry-Level Homeowners Are in the Driver’s Seat | MyKCM

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020.

Why is this good news for the homeowners?

When prices appreciate, homeowners gain equity. In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit.

Dr. Frank Nothaft, Chief Economist at CoreLogic, says:

“Moderately priced homes are in high demand and short supply, pushing up values…Homes that sold for 25% or more below the local median price experienced a 5.9% price gain in 2019, compared with a 3.7% gain for homes that sold for 25% or more above the median.”

As Dr. Nothaft indicates, the lack of inventory continues to drive home price growth. This means there’s a high demand for homes in this tier of the market, making it a great time to consider using your equity to move up to a bigger or more premium home.

When you upgrade your home, you may be able to find the amenities or features you’ve dreamed of – such as a yard to plant or garden in with your family this spring, or more outdoor space for entertaining this summer. Maybe it’s the master bath you’ve always hoped for, or a garage to finally park your car inside.

Whatever you choose, if you’re moving out of an entry-level house, you’re likely going to be in the driver’s seat as a seller.

Bottom Line

If you’d like to own a bigger home, let’s get together to discuss your situation. You may be surprised by the current value of your home and the equity you’ve gained.

Charles County MD Real Estate, PG County MD Real Estate, DC Real Estate – Temeka Thompson, REALTOR® – EXIT Landmark Realty and its Real Estate Professionals focus in the DC metro area. We list and sell in White Plains, La Plata, Waldorf, Brandywine, Fort Washington, Upper Marlboro, Bowie, Washington DC and all nearby communities.

(301) 850-6700 x430 |  (202) 670-6787

Buy a Home, Real Estate

10 Steps to Buying a Home – Temeka Thompson, Realtor®

March 1, 2020by Temeka ThompsonNo Comments

10 Steps to Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights:

  • If you’re thinking of buying a home and you’re not sure where to start, you’re not alone.
  • Here’s a guide with 10 simple steps to follow in the homebuying process.
  • Be sure to work with a trusted real estate professional to find out the specifics of what to do in your local area.

Charles County MD Real Estate, PG County MD Real Estate, DC Real Estate – Temeka Thompson, REALTOR® – EXIT Landmark Realty and its Real Estate Professionals focus in the DC metro area. We list and sell in White Plains, La Plata, Waldorf, Brandywine, Fort Washington, Upper Marlboro, Bowie, Washington DC and all nearby communities.

(301) 850-6700 x430 | (202) 670-6787

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Recent Posts

  • 2021 Real Estate Myth Buster [INFOGRAPHIC]
  • Buyer & Seller Perks in Today’s Housing Market
  • Why You Should Think About Listing Prices Like an Auction’s Reserve Price
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  • What Credit Score Do You Need for a Mortgage?

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iamtemekathompson

Hey Divas! Our Fit, Fyne & Fabulous group is on FI Hey Divas! Our Fit, Fyne & Fabulous group is on FIRE for The Black Women's Health Summit that starts in just 8 short days! 

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Calling all women, especially Black Women over 40, Calling all women, especially Black Women over 40, who are tired of NOT loving the reflection in the mirror and are ready to take control of your body, your health & your life!

Don’t miss your chance to see me live in action during Fit, Fyne & Fabulous’ virtual 5-Day Black Women’s Health Summit → www.blackwomenshealthsummit.com

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@fit_fyne_fab
Don’t forget to Spring Forward tonight!! Don’t forget to Spring Forward tonight!!
Hey Sis 👋🏾!! I’m celebrating YOU on today Hey Sis 👋🏾!!

I’m celebrating YOU on today and every day!! It’s International Women’s Day, tag a sister friend and celebrate them on today 💋.

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#internationalwomensday 
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#marriagetakeover
I love me some 𝕙𝕚𝕞. Life gets in the way, I love me some 𝕙𝕚𝕞. Life gets in the way, but make time to slow down to enjoy the simple intimate moments with your spouse. Follow @marriagetakeover for more marriage and relationship enrichment. Singles edition coming in March 💥.
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Life goes by so fast, slow down and enjoy THIS mom Life goes by so fast, slow down and enjoy THIS moment with your spouse.
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#christianmarriage 
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Thank you Coach @nicolescooper for sharing this!!! Thank you Coach @nicolescooper for sharing this!!!

This is such confirmation. In this season, there’s going to be a steady flow……. Flow of favor, flow of resources, flow of divine connections, flow of peace, flow of joy, flow of opportunities, a steady flow……
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#flow 
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#prayersup 
#damarhamlin 
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Hi, I'm Temeka. I'm a Mom, Wife, Realtor, and Coach living in the DC Metro area. Here I'll share all things real estate, coaching, marriage tips, and trends. Let's stay connected!

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